• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
February 8th - Currently, the red envelope codes from Alibabas Qianwen app and Tencents Yuanbao can be copied within WeChat. Previously, on the afternoon of February 6th, WeChat "blocked" Qianwen activity codes; some users who shared Qianwen red envelope codes to WeChat found that even after selecting the code, the WeChat page did not display a copy button. Yuanbao codes were also temporarily blocked.February 8th - "Currently, new funds deposited in three-year fixed deposits can enjoy an interest rate of 1.95%, which just came into effect a few days ago, an increase of about 10 basis points compared to before," a wealth management manager at a Ningbo Bank branch in Beijing told reporters. Recently, reporters visited and contacted several banks and learned that, with the Spring Festival approaching, many banks are launching special deposit and large-denomination certificate of deposit products, and are temporarily raising deposit interest rates.February 8th - According to China Railway Construction Corporation, Chinas "undersea space station" has been successfully applied. On the morning of February 6th, the worlds longest undersea high-speed railway tunnel made new progress. After 22 days of operation, Chinas first domestically developed shield tunneling machine with saturated pressure entry, the "Deep-Sea Space Station," successfully completed its debut on the Ningbo side of the Jintang Undersea Tunnel of the Ningbo-Zhoushan Railway, constructed by China Railway 14th Bureau Group. It successfully carried out shield tunneling operations at a depth of 75 meters in a high-pressure environment, replacing 46 cutterheads. This marks the successful application of my countrys independently developed shield tunneling saturated pressure entry technology, breaking through the 60-meter safe operating depth limit and continuing to explore depths up to 75 meters.The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake struck Beichuan County, Mianyang City, Sichuan Province at 11:01 AM on February 8th, with a focal depth of 14 kilometers.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.1 occurred near Beichuan County, Mianyang City, Sichuan Province at 11:01 on February 8. The final result is subject to the official rapid report.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Test New Highs

Cory Russell

Jan 18, 2023 16:09

Natural Gas

Natural gas settled near the $3.60 level as traders remained focused on weather forecasts. The current market consensus implies that weather will turn colder closer to the end of the month. However, it remains to be seen whether forecasts will provide additional support to natural gas markets in the near term as current demand for natural gas remains low.

WTI Oil

WTI oil tested new highs today as traders bet on rising demand from China. In its latest report, OPEC said that world demand will grow by 2.22 million bpd in 2023. However, this estimate could be revised as the fourth quarter of 2022 was stronger than expected.

Brent Oil

Brent oil has also enjoyed strong support in today’s trading session. While resistance near the $87 level remains strong, Brent oil will have a good chance to climb above this level if traders stay focused on rising demand from China.